Frans Timmermans: ‘In some places in Africa gas will be part of the energy mix and that is also part of the transition’
A speech delivered by the European Commission’s executive VP for the European Green Deal reiterated the EU executive’s belief natural gas will play a part in the energy transition, 24 hours before a member of an advisory panel hit out at plans to deem gas and nuclear sustainable energy sources.
Shawn Qu at BNEF Summit Shanghai: ‘A new era for solar PV’
The Canadian Solar chief repeated his belief the trend of ever-cheaper solar panels has come to an end and revealed, at the online BNEF event, his company is set to launch a 700 W module.
The weekend read: Price cannibalization threatens PV growth
As solar deployment increases, concerns about price cannibalization continue to be more and more relevant. Large-scale solar generation during midday hours may result in curtailment or unprofitable wholesale power prices. As supply increases, the economic viability of solar PV projects could fall into question.
Bullish clean energy stocks helped maintain healthy investment levels
The latest renewables investment report produced by analyst BloombergNEF has noted backing for solar projects continued to rise in the first half as wind power investment fell back.
Net zero could be 630-plus gigawatt annual opportunity for solar
Analyst BloombergNEF has gazed into its crystal ball and predicted three routes to a net zero world. The ‘green’ scenario fleshed out in its latest New Energy Outlook is bound to appeal far more to the solar industry than the alternative, nuclear or fossil-fuel-powered outcomes.
Huge Vietnamese solar park could hit 2.8 GW within a year
An energy transition investment report published this week has also revealed the former world record low price for solar power announced by the Al Dhafra project in Abu Dhabi last year, has fallen even lower since.
New renewables cheaper than legacy coal or gas for almost half the world’s population
Electricity bill payers in nations as diverse as Germany, Greece, India and China should be aware new solar projects can now generate electricity cheaper for them than legacy coal and gas-fired plants.
Peeking into 2021: Green bonds to reach US$500 billion per year, solar on track to outrank oil and gas
Global management consulting firm PricewaterhouseCoopers has issued a general economic prediction for 2021. Aside from some general notes on GDP recovery post-Covid, the analysts’ notes were heavily focussed on climate and energy finance and policy.
World is set for 3.3C temperature rise, predicts Bloomberg
Although the global solar industry might be cheered by the prospect of a healthy slice of an expected $12 trillion, 30-year windfall, governments are falling far short of steering us clear of catastrophic global heating, according to the analyst’s latest New Energy Outlook report.
US residential solar set for a record-breaking year — despite, and because of, 2020
With folks housebound by Covid-19 restrictions and more conscious of their home energy needs, April proved a banner month for companies generating digital leads through their own accelerated transition to a new way of working.
